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#theinnovationfactory by L’Oréal

Posted on 05/12/2018

GENEROUS would be the most appropriate word to describe this event designed by L’Oréal for ESCP Europe students.

Conferences and seminars, challenge workshops, recruitment sessions, VR & AI experiences…. From 9am to 7pm, L’Oréal shared their expertise at the ESCP Europe Paris campus.
A great opportunity was offered to students to fully immerse themselves in L’Oréal’s leading brands and discover how the global giant is constructing the future of beauty.

#theinnovationfactory journey got started with a brilliant keynote speech by Lubomira Rochet, L’Oréal’s Chief Digital Officer, which focused on Innovation and Digital Transformation.

Students enjoyed the latest technologies by tring out AI and VR experiences....

... While others met with the L’Oréal HR team for recruitment sessions.

33 pre-selected students were challenged to help L’Oréal crack current real life issues.
Workshops for groups of 6-7 students:
- B2B2C Challenge (Asian market, haircare): from loyalty to advocacy
- From social listening data to insights and strategy
- Increasing advocacy via ratings and reviews
- Touch and feel in e-commerce: creating an online fragrance experience at YSL
- Data and Analytics: from data to content consumption across brands

"It was really incredible to see what the students were able to do in such a short space of time. It was clear to see that they not only worked in partnership with their L’Oréal coach, but also at the same time brought their own ideas, creativity and passion. These cases really take weeks or months for a team to work on, so they should be very proud of what they achieved in such a short space of time!" said Emma Shuttleworth.

The winning team was the group working on ‘Touch and feel in e-commerce: creating an online fragrance experience at YSL’: Camille Coulet, Luigi Cuseo, Silvia Masoero, Caroline Housel (Master in Management), Ramin Misrikhanov and Kushagra Nehra (MSc Big Data and Business Analytics), and Alexandra Reinert (Bachelor in Management).

We asked how best to describe their experience. The words that came up again and again were: team work, experience sharing, inspiring, challenging, immersive, unique, enriching, thought-provoking, rewarding, innovative, creative, inclusive, exciting, and team-bonding.

Students learnt a lot from this learning journey!

"The most challenging aspect was actually summarising all the good ideas we had to deliver a benefitial and feasible plan for L'Oreal!" (Ramin Misrikhanov)"We were from very different backgrounds and cultures, and what I enjoyed the most was our sharing of ideas, each person focusing on different concerns depending on her/his domain of specialisation. We brainstormed and debated a lot but we came to an agreement on each of our ideas, which were quite complementary." (Camille Coulet)"Innovation is more about thinking differently as a team and working towards a goal in mind." ( Kushagra Nehra)"This workshop exposed us to the challenging realities of working in a cosmetics company in the 21st century. I learnt how to address the complexities that accompany the dramatic shift into the digital age taking place across the industry." (Caroline Housel)"This workshop has been a full immersion in world of L’Oréal. I really enjoy the fact that the L’Oréal manager, Olivia Richard, decided to allow us to be completely free to brainstorm our own concepts and ideas relating to the perfume world before introducing us to the YSL business." (Luigi Cuseo)